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          <title>WashingtonWatch.com - Revisions for S. 2614, The GEAR Act</title>
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<title>Revision by webmaster (April 29, 2008, 19:57:17)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_2614.html?rev=22968</link>
<description>&lt;p&gt;S. 2614 would facilitate the development, demonstration, and implementation of technology for the use in removing carbon dioxide and other greenhouse gases from the atmosphere.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Greenhouse Gas Emission Atmospheric Removal Act or the GEAR Act - Declares that it is the policy of the United States to provide incentives to encourage the development and implementation of technology to permanently remove greenhouse gases (GHGs) from the atmosphere on a significant scale.&lt;/p&gt;

&lt;p&gt;Establishes within the Department of Energy (DOE) the Greenhouse Gas Emission Atmospheric Removal Commission.&lt;/p&gt;

&lt;p&gt;Requires the Secretary of Energy, acting through the Commission, to provide financial awards on a competitive basis to entities for the achievement of milestones in developing and applying technology that could significantly slow or reverse the accumulation of GHGs in the atmosphere by permanently capturing or sequestrating those gases without significant countervailing harmful effects.&lt;/p&gt;

&lt;p&gt;Requires the Commission to: (1) develop specific requirements for the competition, performance, monitoring and verification, and the scale of awards; (2) establish minimum levels for the capture or net sequestration of GHGs required to qualify for a financial award; (3) offer awards to entities that demonstrate achievement of specified technological goals; and (4) establish standards for required peer review of proposals seeking such awards.&lt;/p&gt;

&lt;p&gt;Vests title to intellectual property arising from such awards in U.S. entities. Bars title transfer to an entity not incorporated in the United States until the first obtained patent expires. Authorizes the United States to reserve a license to have such property practiced on its behalf.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 2/8/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Environment and Public Works.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">22968@http://www.washingtonwatch.com</guid>
<pubDate>Tue, 29 Apr 2008 18:57:17 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (March 14, 2008, 04:04:43)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_2614.html?rev=20193</link>
<description>&lt;p&gt;S. 2614 would facilitate the development, demonstration, and implementation of technology for the use in removing carbon dioxide and other greenhouse gases from the atmosphere.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to update the status of the bill!)&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">20193@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 14 Mar 2008 03:04:43 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (March 14, 2008, 04:04:43)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_2614.html?rev=20194</link>
<description>&lt;p&gt;S. 2614 would facilitate the development, demonstration, and implementation of technology for the use in removing carbon dioxide and other greenhouse gases from the atmosphere.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 2/8/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Environment and Public Works.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">20194@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 14 Mar 2008 03:04:43 EDT</pubDate>
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